The city's Industrial Development Agency is going to hold a public hearing on October 10 regarding the $328 million in tax breaks that it has extended to Related Companies for their One Hudson Yards and the Hudson Yards Mall developments. "It is the height of fiscal irresponsibility for the NYC IDA to provide massive taxpayer subsidies to a Manhattan luxury mall," says the deputy director and chief economist of the Fiscal Policy Institute. [Village Voice; previously]
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